Dundee Precious Metals (DPMLF) Expected to Announce Quarterly Earnings on Tuesday

Dundee Precious Metals (OTCMKTS:DPMLF) is projected to release its earnings data after the market closes on Tuesday, May 6th. Analysts expect Dundee Precious Metals to post earnings of $0.43 per share for the quarter.

Dundee Precious Metals (OTCMKTS:DPMLF) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. On average, analysts expect Dundee Precious Metals to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dundee Precious Metals Price Performance

Shares of OTCMKTS:DPMLF opened at $12.81 on Friday. Dundee Precious Metals has a one year low of $7.54 and a one year high of $14.75. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 9.78 and a beta of 0.53. The firm has a 50 day simple moving average of $12.89 and a 200 day simple moving average of $10.90.

Dundee Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Monday, March 31st. Dundee Precious Metals’s payout ratio is 12.21%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DPMLF. TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th. National Bankshares reiterated an “outperform” rating on shares of Dundee Precious Metals in a report on Wednesday, April 23rd.

About Dundee Precious Metals

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.